On Nov. 14, 2012, the day’s biggest mover was the price of Chinese 316 stainless coil, which saw a 1.4 percent decline.
The Indian nickel cash price inched up 0.5 percent. The LME nickel spot price weakened by 0.1 percent, settling at $15,905 per metric ton. Also on the LME, the nickel 3-month price saw little movement yesterday at $15,995 per metric ton.
The price of Chinese ferro-chrome saw essentially no change for the fifth day in a row. The price of Chinese ferro-moly also saw little movement.